RE:RE:RE:RE:RE:RE:It looks like--- If all the other warrant holders followed a similar pattern then the company lost the opportunity to raise some cash and it begs the question as to how and why the share price fell like a stone after the PR.
One of the reasons I dislike financing using privately issued warrants is the potential for using the warrants as a hedge; they only have value when you use them..
From the looks of the share price TLT is definitely oversold but the gap fill at 0.245 seems the short term downside target. The publically traded warrants have been falling faster than the share price and I am using this opportunity to sell my remaining shares and buy warrants to replace them. It's a gutty move if there are more unexpected delays but gives me maximum leverage to the upside.
When the share price was in the high 0.40s the ratio of warrants to stock was around 1.6:1 whereas I was able to do a recent swap at closer to 2:1
I think when the warrant price starts to firm it will be another indicator that the stock has bottomed and higher prices are on the way.